The Budget 2023 has also not disturbed taxation regime of NRIs except some provisions have been changed. The Shares generally issued to NRIs are of higher value and issuer's explanation to valuation is not satisfactory and hence the excess value above FMV will be taxable and any property gifted to NORI above Rs. 50000/- is chargeable to tax in India.
Securities and Exchange Board of India ('SEBI') vide its notification dt: February 7, 2023 has brought in SEBI (Buyback of Securities) (Amendment) Regulations, 2023.
Continuing our investment series after Market Capitalization let us discuss another Pertinent financial fundamental i.e Price Earning Ratio.
Process For filing form INC 20A
Under Section 178(1) of the Companies Act, 2013 (hereinafter "The Act") Listed and other unlisted public companies which fall within the ambit of Rule 6 of the Companies (Meetings of Board and its Powers) Rules, 2014 are required to constitute the NRC of the Board.
Internal audit is a process which provides assurance to the management regarding company’s risk management, control procedures and their operational efficiency.
Considering the large volume of revenue being generated from winnings of online games, the rise in users of such games, variety of playing options and payment options, it was expected that the government may provide clarifications on the applicability of TDS and taxation of winnings from online games
To promote the standardised practices in preparation of Board's Report, the ICSI has issued SS-4 effective from 1st October 2018 for Voluntary adoption by the Companies.
Businesses are faced with a multitude of problems every day, from managing finances to customer satisfaction. With so many challenges to overcome, it can be overwhelming and difficult to know where to start.
In layman language, Market Cap means total current market value of outstanding shares of the company. Its based on the current value of the shares of the company. Outstanding Shares means shares issued by the company that have been held by the investors.
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